Crazy low volume the last few days, is something big about to happen? - page 2.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: jehst on December 07, 2014, 08:54:47 PM

If there's "constant selling pressure" from merchants and miners, shouldn't the price go down when there's low volume?

I'd guess that established miners and payment processors have deals in place to sell as many of their coins as possible off market.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

If there's "constant selling pressure" from merchants and miners, shouldn't the price go down when there's low volume?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: inca on December 07, 2014, 06:42:29 PM

Quote from: Tzupy on December 07, 2014, 06:30:41 PM

If the market would be preparing to go up we would see sustained buying, not crappy volume. The triangle should resolve soon, IMO down.

Surprise surprise you guess down. You have successfully called 18 of the last 3 bitcoin price falls.

And you've successfully called at least as many rallies out of the last none Cheesy

Brewins

legendary

Activity: 1120

Merit: 1000

No

Just holiday in some parts of the world.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Tzupy on December 07, 2014, 06:30:41 PM

If the market would be preparing to go up we would see sustained buying, not crappy volume. The triangle should resolve soon, IMO down.

Surprise surprise you guess down. You have successfully called 18 of the last 3 bitcoin price falls.

Tzupy

legendary

Activity: 2170

Merit: 1094

If the market would be preparing to go up we would see sustained buying, not crappy volume. The triangle should resolve soon, IMO down.

1Referee

legendary

Activity: 2170

Merit: 1427

Volumes are low yes, but that doesn't mean something will happen.

At this point buyers and sellers are waiting, waiting for....... Who knows.

Ibian

legendary

Activity: 2268

Merit: 1278

Something big is always about to happen.

Bernard Lerring

sr. member

Activity: 294

Merit: 250

People tentatively giving trading a rest due to the upcoming auction results.

The results are released this week and BTC price corrects itself by a modest amount (+/- $50). From then on it'll carry on as it has been for the last couple of months ($20 price swings here and there).

criptix

legendary

Activity: 2464

Merit: 1145

big dump or pump.
if that doesnt happen im sure we will be sideways Cheesy

g27wr

full member

Activity: 221

Merit: 100

I like guns.

It looks like the last 48 hours of trading is at an all-time low and the price has obviously stabilized in the recent days. Could this mean that something big is about to happen? If so, which way do you think it'll go?

Topic: Crazy low volume the last few days, is something big about to happen? - page 2. (Read 4151 times)